Business Tax
BUSINESS INCOME TAX SERVICES
How can a business ensure optimal tax savings and benefits?
Tax Brake
regularly monitors federal and state tax laws that may affect small or medium-sized businesses.
Our qualified team of professionals
structures tax and other financial services to your precise needs to maximize tax savings and enhance the financial security of your business.
Personal Tax
PERSONAL TAX SERVICES
Do you need reliable help in the preparation and filing of personal income tax forms?
Tax Brake’s wide range of personal taxation and tax planning services are geared for the retired, self-employed, individuals and families, and small business owners.
Whether you own your own business or work for others, Tax Brake tax specialists remain well versed in all recent federal and state tax laws to ensure optimal financial benefits at income tax time and all year long.
What distinguishes Tax Brake from other tax and financial planning services?
Tax Brake proactively recommends tax saving strategies. We listen to your goals, worries, and concerns. We provide year-round support and access to quality expertise via text, phone, and email. Brick-and-mortar overhead savings are passed on to you.
Committed to understanding each client’s financial objectives, Tax Brake develops customized tax plans following an in-depth consultation:
Services
Tax Planning
TAX PLANNING SERVICES
Effective tax planning under regulatory guidelines
Effective tax planning
is necessary throughout the year, and it is a fundamental component in overall financial security. Tax Brake not only prepares your personal income tax return but also provides strategic solutions that reduce tax burdens.
Building wealth
requires a detailed analysis of your financial data to determine the tax implications of your investments and holdings. By structuring the most appropriate combination of assets within your portfolio, tax savings are optimized and financial goals are obtainable.
What are the tax planning strategies that Tax Brake implements?
Tax Brake's tax planning services include several methods of financial structuring that minimize liability. Tax deferment, tax deductions, tax credits, tax-exempt income, and income reduction are some of the strategies offered by Tax Brake that can reduce taxes owed.
The birth of a child, a marriage or divorce, and other life-changing events affect tax planning strategies.
Qualified Tax Brake professionals financially manage all of these to your advantage. You are guided in your tax-related decisions that become significant at tax time, like real estate transactions or stock options.
Unpaid Back Taxes
UNPAID BACK TAXES
Unpaid back taxes owed can cost businesses big bucks
Tax penalties, interest, and additional levies
imposed by the IRS for unpaid back taxes will steadily increase and should never be ignored. You can turn to Tax Brake for information and guidance on all available settlement options, as well as highly competent IRS representation.
How can Tax Brake relieve the struggle of your tax debt?
Even if you have been dealing with the burden of unpaid back taxes for a lengthy period, Tax Brake will provide effective IRS representation, negotiate feasible tax penalty payment options, and reduce your tax debt whenever possible.
Some businesses or individuals may actually have the necessary funds at their disposal to write a sizeable check to resolve the problem of back taxes owed, while others cannot afford to pay their entire tax debt at once.
In either case, to ensure that you are not paying more tax penalties
than are actually required by law, consult Tax Brake tax specialists for an informed assessment. Our experts can secure equitable tax settlements that allow individuals or business owners to overcome tax debt.
Consequences of postponing payment of unpaid back taxes
Outstanding tax debt rapidly swells to several times the original amount owed on your income tax return when payments are extensively delayed. Enlisting the help of Tax Brake, tax experts, reduces penalties to circumvent further financial misfortune.
Non-Filed Tax Returns
Tax Brake
provides solutions for non-filed tax returns in
Failing to file income tax returns is a criminal offense.
Not only can Tax Brake restore peace of mind, our qualified tax specialists possess the knowledge and experience necessary to rectify pending tax files for individuals or business owners. By voluntarily submitting your non-filed returns through our offices, equitable settlements can be more readily negotiated and tax penalties and interest payments can be substantially reduced.
Non-filed tax returns incur hefty penalties for individuals and business owners
The first step to rectifying a tax file involves the professional preparation of all unfiled returns, a knowledgeable assessment of all payments and penalties owed, and the implementation of Tax Brake strategies to relieve or reduce tax liability.
Delaying the handling of your non-filed taxes will result in the IRS filing on your behalf with little or no consideration for deductions to which you are rightfully entitled.
Managing your own unfiled returns is not recommended in cases of tax delinquency.
The successful resolution of tax arrears requires professional guidance and representation. When weighed against the potential loss of time, income, or more serious financial loss, enlisting the skillful leadership of Tax Brake provides actual savings in the long run.
Free consultation for individuals and businesses with unfiled tax returns
Whether you have already been contacted by the IRS or state tax department for back taxes owed, or if you are seeking IRS representation for an audit, enlisting the specialized services of Tax Brake tax professionals ensures competent representation and an accurate rectification of your tax file.
IRS Audits
IRS AUDIT REVIEWS
As a consequence of an IRS audit, businesses and individuals risk overpayment for tax liabilities due to improper representation.
Tax Brake provides
the qualified expertise of skilled tax specialists for you or your business if confronted with an IRS tax review.
Pricing
INCOME TAX SERVICES
| 1040 | US Individual Income Tax Return | $60 | |
| Schedule A | Itemized Deductions | $20 | |
| Schedule B | Interest and Ordinary Dividends | .50 per item | |
| Schedule C | Net Profit from Business | $40 | |
| Schedule E | Supplemental Income and Losses | $50 | |
| Schedule EIC | Earned Income Credit | $20 | |
| 2441 | Child and Dependent Care Expenses | $5 | |
| 4797 | Sales of Business Property | $15 | |
| 8615 | Tax for Child with Investment Income over $1900 | $20 | |
| 8283 | Non-cash Charitable Contributions | $10 per item | |
| 8829 | Expenses for Business Use of your Home | $10 | |
| Tax Consultation | Free | ||
| Don't see your form--Call for an estimate |